M&A Deal Summary

Basin Holdings Acquires Frank Henry Equipment USA

On November 3, 2014, Basin Holdings acquired machinery company Frank Henry Equipment USA

Acquisition Highlights
  • This is Basin Holdings’ 1st transaction in the Machinery sector.
  • This is Basin Holdings’ 3rd transaction in the United States.
  • This is Basin Holdings’ 1st transaction in Colorado.

M&A Deal Summary
Date 2014-11-03
Target Frank Henry Equipment USA
Sector Machinery
Buyer(s) Basin Holdings
Deal Type Add-on Acquisition

Target

Frank Henry Equipment USA

Fruita, Colorado, United States
Frank Henry Equipment USA LLC is a manufacturer, distributor of customized pressure control equipment, grease injection systems, perforating products, lube trailers, and wireline sheaves and accessories.

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Buyer(S) 1

Buyer

Basin Holdings

New York, New York, United States
Category Company
Sector Energy Services and Equipment
DESCRIPTION

Basin Holdings is a global holding company focused on providing products and services to energy and industrial customers. The Company operates in seven sectors: equipment supply and distribution, drilling tools, production and completion tools, material handling, precision machining, power solutions, and specialty products. Our global reach into emerging markets is an important differentiator. Basin currently manufactures oilfield equipment in North America, and distributes equipment and services through its global network of procurement centers, sales offices, and on-site supply stores.

DEAL STATS #
Overall 3 of 7
Sector (Machinery) 1 of 2
Type (Add-on Acquisition) 3 of 7
State (Colorado) 1 of 1
Country (United States) 3 of 6
Year (2014) 3 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-10-31 Ascent Coating Technologies

Houston, Texas, United States

Ascent Coating Technologies LLC is a specializes in tungsten carbide coating services, a process that greatly enhances the reliability and durability of drilling tools used in corrosive shale developments.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-11-04 Beck Oilfield Supply

Hennessey, Oklahoma, United States

Beck Oilfield Supply, Inc. is a provider of an oilfield supplies across multiple locations in Oklahoma, Texas, and Pennsylvania.

Buy -
Mergr

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